Bunge Earnings Preview: Can This Streak Finally End?

Bunge (NYSE:BG) will report earnings before markets open on Thursday, April 25th. Bunge Limited is an integrated global agribusiness and food company spanning the farm-to-consumer food chain. The Company processes soybeans, produces and supplies fertilizer, manufactures edible oils and shortenings, mills dry corn and wheat, manufactures isolated soybean protein, and produces other food products. Bunge has primary operations in North and South America.

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $1.87 to a profit $1.84. For the current year, the average estimate is a profit of $7.34, which is worse than the estimate ninety days ago.